Bizfinity

About Bizfinity

Bizfinity operated as a developer of online business applications, originating under the name Modulus Software. The firm was venture-backed, securing a Series A funding round of $3.2 million in July 1998 and a Series B round of $13 million in December 1999. Based in Cupertino, California, the company positioned itself in the business productivity and financial software market, specifically targeting retailers, wholesalers, and manufacturers.

The company's core business involved providing an adaptable e-business system designed to help growing companies digitize their operations. Revenue was generated through different product configurations. Its offerings ranged from a basic eCommerce starter package for website creation and order management to more advanced tiers like Pro Commerce and Pro Business, which integrated a full double-entry accounting system. This allowed clients to manage their customer relationships, orders, inventory, and accounting processes from a single, unified platform.

Bizfinity's platform provided comprehensive tools for daily bookkeeping tasks. Key features included a Setup Assistant to establish the accounting framework, detailed records for customers and vendors, and thorough inventory management that tracked key metrics like the sales value of stock and items shipped but not invoiced. The service enabled businesses to build and manage an online store, process various payment types including credit cards through partners like Cardservice International, and handle orders from creation through to fulfillment. According to a 2001 review, its reporting capabilities were considered a weaker area, offering limited, though customizable, reports without drill-down functionality. The company ceased operations on June 1, 2008.